News

Geopacific shines on latest test drill results

Australian mining firm Geopacific Resources Ltd has made a new discovery of high-grade gold and silver mineralisation during exploratory drilling at a remote site in northern Cambodia, the company said in an announcement yesterday.   ...

Cam McGrath
http://www.phnompenhpost.com/business/geopacific-shines-latest-test-drill-results

Army on artillery recruiting drive

At least 700 applicants have signed up to join the Royal Cambodian Armed Forces (RCAF), with the successful recruits to be trained to operate new Chinese-built artillery, a senior military source said yesterday.   ...

Vong Sokheng and Shaun Turton
http://www.phnompenhpost.com/national/army-artillery-recruiting-drive

Kratie protesters file petition for intervention in land dispute

About 100 villagers from Kratie province came to the capital yesterday to submit a petition to the prime minister’s cabinet and the Interior Ministry requesting government intervention in a land dispute case that has seen three of their fellow residents arrested, according to village representatives. ...

Pav Suy
http://www.khmertimeskh.com/news/22808/kratie-protesters-file-petition-for-intervention-in-land-dispute/

Deadline passes but beachside eviction still imminent

The two-kilometer stretch of white sand that curves along  translucent sea in an idyllic bay near Sihanoukville was still living up to its picture-perfect mystique on Sunday, with couples strolling hand-in-hand beneath the cloudless sky as others slouched in cushioned chairs soaking up the sun. ...

Maddy Crowell
http://www.khmertimeskh.com/news/22815/deadline-passes-but-beachside-eviction-still-imminent/

Sesame exports on the rise, official says

The Kingdom exported 9,379.29 tons of sesame last year, according to a report from the Ministry of Agriculture, Forestry and Fisheries, with Vietnam buying the lion’s share. ...

Sum Manet
http://www.khmertimeskh.com/news/22796/sesame-exports-on-the-rise--official-says/

Police shut down NGO event for indigenous communities

Police in Ratanakkiri province on Tuesday ordered rights group Adhoc to call off a planned workshop meant to inform local indigenous communities of their rights, claiming the NGO had failed to secure the necessary permission from authorities. ...

Kuch Naren
https://www.cambodiadaily.com/news/police-shut-down-ngo-event-for-indigenous-communities-109947/

Switzerland signs framework agreement with Cambodia

The Swiss government signed its first framework agreement with Cambodia during a meeting between Swiss Ambassador Ivo Sieber and Foreign Minister Hor Namhong yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/22806/switzerland-signs-framework-agreement-with-cambodia/

Korea envoy claims gov’t probe a ‘setup’

Cambodia’s controversial ambassador to South Korea, Suth Dina, has released a public plea to Prime Minister Hun Sen to safeguard his job, amid what appears to be an investigation by the Foreign Affairs Ministry into his office, it emerged yesterday. ...

Mech Dara
http://www.phnompenhpost.com/national/korea-envoy-claims-govt-probe-setup

Car chase nets 1.5 tons of rosewood, no suspects

A high-speed police chase across Stung Treng province early Monday morning led to the confiscation of more than 1.5 tons of rosewood, but only after an SUV plowed into a police truck blocking the road, with two suspects eventually fleeing on foot. ...

Aun Pheap
https://www.cambodiadaily.com/news/car-chase-nets-1-5-tons-of-rosewood-no-suspects-109958/

Australian gaming company probed for Cambodia payment

Australian gaming firm Tabcorp on Tuesday confirmed that it was under investigation by Australian police over a possible bribe it paid in 2009 to a Cambodian consultancy connected to a sister of Prime Minister Hun Sen. ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/australian-gaming-company-probed-for-cambodia-payment-109949/

MFIs moving swiftly on mobile banking

Microfinance institutions (MFIs) have been expanding their financial services to include the use of mobile phones, a move aimed at boosting services for people in rural areas who find it difficult or expensive to travel to offices in towns or villages. ...

Chea Vannak
http://www.khmertimeskh.com/news/22797/mfis-moving-swiftly-on-mobile-banking/

Cambodian, U.S. forces hold joint military exercise

Cambodian and U.S. military personnel on Monday kicked off a joint military exercise dubbed “Angkor Sentinel 2016,” aimed to strengthen bilateral military ties and cooperation. ...

Shang Hai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=323370

Maybank opens new office in Cambodia

Malayan Banking Bhd (Maybank) is further strengthening its operations in Cambodia with the launch of Maybank Tower, a new 10-storey corporate office in the country. ...

The Star Team
http://www.thestar.com.my/business/business-news/2016/03/15/maybank-opens-new-office-in-cambodia/

Japan’s vital role in Cambodia’s strategic reconfiguration

Since early this year, commentators and the public alike have spent a great deal of time and effort to analyze Cambodia-US relations against the backdrop of the recent US-ASEAN Summit. Less focus has been made on one of the most important bilateral relationships of Cambodia ...

Cheunboran Chanborey
http://www.khmertimeskh.com/news/22736/japan---s-vital-role-in-cambodia---s-strategic-reconfiguration/

Residents seek legislative intervention in land dispute

About 65 villagers from Kampong Speu province’s Phnom Srouch district handed out petitions yesterday urging the National Assembly to push the provincial court into releasing two of their leaders.​ ...

Ros Chanveasna
http://www.khmertimeskh.com/news/22744/residents-seek-legislative-intervention-in-land-dispute/

Sweet step forward for Kampong Speu palm sugar

Palm sugar from Kampong Speu, which has been registered for geographical indication (GI) status, is in the processing stage of being granted protected geographical indication (PGI) status in Thailand and Vietnam. This comes after Kampot pepper was recently certified as PGI in the European Union ...

Chea Vannak
http://www.khmertimeskh.com/news/22734/sweet-step-forward-for-kampong-speu-palm-sugar/

Preah Sihanouk officials meet over beach compensation plan

Preah Sihanouk provincial officials met on Monday to discuss an order from the national government to provide compensation for a number of families living and running businesses on O’Chheuteal Beach in Sihanoukville who are facing the threat of eviction. ...

Sek Odom
https://www.cambodiadaily.com/news/preah-sihanouk-officials-meet-over-beach-compensation-plan-109907/

Cambodian slots help offset EGA’s losses

European Gaming machine supplier and casino operator Entertainment Gaming Asia Inc reported consolidated revenues of $7.3 million in 4Q15, a decrease of 12 per cent compared to the same period a year earlier. ...

Post Staff
http://www.phnompenhpost.com/business/cambodian-slots-help-offset-egas-losses

Fuel prices to fall as price caps revealed

The government announced a set of price caps on retail petroleum products yesterday based on the application of its new fuel-pricing mechanism. Sor Chandara ...

Sor Chandara
http://www.phnompenhpost.com/business/fuel-prices-fall-price-caps-revealed

Kingdom's sugar exports to EU plummet

New figures show that Cambodia’s sugar exports to the European Union fell by 94.8 per cent between 2013 and 2015, amid accusations of rights abuses and land grabbing in the Kingdom’s industry. ...

Will Jackson
http://www.phnompenhpost.com/national/kingdoms-sugar-exports-eu-plummet

Gov’t warns fly-by-night mechanics

The Ministry of Interior on Friday threatened legal action against lawbreaking auto shops that work without a licence or illegally assemble vehicles from scrap parts. ...

Lay Samean and Igor Kossov
http://www.phnompenhpost.com/national/govt-warns-fly-night-mechanics

PM urges tighter rules on micro loans

Prime Minister Hun Sen told a summit on micro-finance development yesterday that stricter rules needed to be applied to organizations and institutions lending money as many people were being cheated, embezzled and losing their collateral to unscrupulous lenders. ...

Chea Vannak
http://www.khmertimeskh.com/news/22751/pm-urges-tighter-rules-on-micro-loans/

Passenger train to resume operations on April 9

After a 14-year wait, scheduled passenger train services between Phnom Penh and Sihanoukville will resume on April 9, according to a statement issued by Royal Railways on Monday. ...

Ben Paviour
https://www.cambodiadaily.com/news/passenger-train-to-resume-operations-on-april-9-109912/

Mystery blaze destroys timber, vehicles at Pursat forestry office

At least 27 vehicles loaded with confiscated timber were destroyed by fire while parked in the Kravanh Forestry Administration compound in Pursat province on Sunday, leaving no evidence for potential prosecution and rights groups doubting the authorities’ version of events. ...

Khouth Sophak Chakrya and Igor Kossov
http://www.phnompenhpost.com/national/mystery-blaze-destroys-timber-vehicles-pursat-forestry-office

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